Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Oman - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Oman (FOB) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Oman (CIF) - 2022
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Oman
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Oman
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Oman (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $225 per ton, falling by -10.1% against the previous year. Overall, the export price recorded a sharp downturn. The growth pace was the most rapid in 2020 an increase of 3.1% against the previous year. The export price peaked at $2,112 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -20.0% per year.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Oman (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $1,186 per ton in 2022, reducing by -33.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 66% against the previous year. The import price peaked at $1,782 per ton in 2021, and then shrank markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,729 per ton), while the price for China ($364 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.2%), while the prices for the other major suppliers experienced a decline.
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Oman
In 2022, approx. 62 tons of acids; saturated acyclic monocarboxylic acids; salts of formic acidses were exported from Oman; rising by 942% against the year before. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses skyrocketed to $14K in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 8.1 | 1.4 | 1.4 | 14.1 | 20.3% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 8.1 | 1.5 | 1.5 | 14.1 | 20.3% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Oman in 2022:
- United Arab Emirates (62.5 tons)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Oman
In 2022, approx. 1.6 tons of acids; saturated acyclic monocarboxylic acids; salts of formic acidses were imported into Oman; shrinking by -52.2% against 2021. Overall, imports faced a dramatic decline. The smallest decline of -31.6% was in 2020.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses shrank rapidly to $1.9K in 2022. Over the period under review, imports saw a dramatic slump. The smallest decline of -31.7% was in 2021.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.4 | 0.5 | 2.7 | 1.1 | -7.7% |
| United Arab Emirates | 8.6 | 0.1 | 0.8 | 0.3 | -67.3% |
| Turkey | N/A | N/A | N/A | 0.2 | 0% |
| China | 0.5 | 0.1 | 0.3 | 0.1 | -41.5% |
| Norway | N/A | 5.9 | N/A | N/A | 0% |
| Djibouti | N/A | N/A | 0.4 | N/A | 0% |
| Others | 9.4 | 2.1 | 1.8 | 0.3 | -68.3% |
| Total | 19.8 | 8.7 | 6.0 | 1.9 | -54.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Oman in 2022:
- India (641.0 kg)
- China (253.0 kg)
- United Arab Emirates (225.0 kg)
- Turkey (198.0 kg)
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